digitalgame4life
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Active forum member, A+ poster, PM good sign camp.
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August 02, 2018, 03:27:21 PM |
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Countries now are thoughtfull about cryptocurrencies and are somewhat cautious, at least how they bring the news and how they regulate cryptocurrencies, I dont blaim them yet because the market is very young and they stil not have decided what to do with cryptocurrencies, in the end it will benefit them but many people think cryptocurrencies will replace fiat, let me tell you know that that is not possible in any way for another 50 years at least, the reason I am saying this is because all the wars, trade wars etc. etc. is all because of keeping your country powerfull and stable, the governments will do everything in order to keep their fiat safe.
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"With e-currency based on cryptographic proof, without the need to
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effortless." -- Satoshi
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walemil
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August 02, 2018, 03:30:36 PM |
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China has been showing strong signs of rejection to cryptocurrency from time. On the other hand, ICOs are now becoming more of scam than what it used to be. This will reach an epidemic level with time if left unchecked. There should be a way to identify the true project and certify them for ico. People's monies are stolen daily in the name of ico.
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Ezenwanyi
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August 02, 2018, 03:51:07 PM |
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Chinas ban of icos will not affect the development of the crypto space in a any way.
Banning is not the solution, i prefer regulatory bodies.
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bots1
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August 02, 2018, 04:15:38 PM |
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I think, China is cautious with the emergence of the ICO trend, because not all ICOs have a good and responsible history.
however, it does not rule out the possibility that the Chinese people make an ICO based on the name of their country. most of them work on ICOs in other countries, such as Singapore, Switzerland and Europe.
Switzerland and Singapore are ICO's paradise because the country does not limit cryptocurrency regulation, instead the country is happy when licensing on behalf of technology can support its country digitalization program. I thought, they also participated in supervising and regulating ICO licensing in his country.
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meritbygrace
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August 04, 2018, 05:43:26 PM |
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Every thing is possible .And remember change is the only thing that is constant under the planet earth. Most people like using opportunity,so there's every tendency they take advantage of China's ban on ICOs.
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KingScorpio
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August 04, 2018, 05:56:40 PM |
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It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
market will be basically be defined by the peoples individual perception regarding icos, china is a very corporative country with a high densitys urban infrastructure. its not likely it would be in the interest of the chinese to chaotically decentralise the chinese financial system, though there are still issues with neofeudalism in china, vast issues. |
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perova93
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August 04, 2018, 06:28:04 PM |
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I believe that in the near future, China will change its view of ICO to
not to stay away, it seems to me that no state wants.
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darthmaul
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August 04, 2018, 06:35:56 PM |
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I think they are taking the advantage of China ban because they are now officially driving their people into the ICO's and this helps prevent effects like China dump and manipulation etc. This manipulation is getting done by china every time until when they were in the crypto currencies without ban and we know that very well. I guess this has changed drastically now as most of the people from china are not into it and thus they are not able to manipulate it.  So its somehow good thing also. |
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Shadesofglory
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August 05, 2018, 07:07:29 PM |
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We'll see how it pans out. China is no pushover here.
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AnnaGeraMsk
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August 05, 2018, 07:21:15 PM |
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I think that the world conspiracy is present but due to the fact that there is no control, and control it will, then the ban will be temporary
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lzby2000
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August 07, 2018, 03:35:38 PM |
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From past historical experience we can learn that this prohibition does not prevent bitcoin, I think other countries will not do this, but there will be some changes in the rules of the ICO.
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gaxfrwpy
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August 09, 2018, 04:17:24 AM |
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The prohibition of ICO is very short-sighted. I think most countries do not do it. The community is developing and progresses. I think it is necessary to have restricted ICO rules.
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matchi2011
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Buy $BGL before it's too late!
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August 09, 2018, 05:07:07 AM |
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From past historical experience we can learn that this prohibition does not prevent bitcoin, I think other countries will not do this, but there will be some changes in the rules of the ICO.
Basing from the other's position maybe other countries will follow their opinion or make some additional rules, good thing might be other countries will open and allow this type of business for their benefits, though there's no limitations but some prohibition can be done in order to make some ruling to favor such countries in terms of gaining from ico's. |
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shawn995
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August 09, 2018, 05:17:39 AM |
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Several ICOs are coming each month and have made such a competitive market, to the point that yes, many will receive rewards of China's ICO boycott. There is no deny to that. Chinese government haven't done anything incorrectly as well. With such a high rate of tricks in ICOs, they prohibited them for shielding their kin from potential tricks. I figure numerous more nations will before long do likewise or will keep a directing body to check the ICO venture.
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dad4
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August 21, 2018, 08:51:09 AM |
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It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
I feel they should, sooner all later all these other countries are going to come back and embrace the concept. What is needed is a way of moderating and filtering the ico market. |
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talkbitcoin
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All I know is that I know nothing.
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August 21, 2018, 08:58:02 AM |
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I feel they should, sooner all later all these other countries are going to come back and embrace the concept.
What is needed is a way of moderating and filtering the ico market.
quite the opposite. since so far in the past years and after thousands of ICOs, we still have not even seen one single proper one that does anything real or meaningful then i can say they all should be banned all around the world. |
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Menawi12
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August 21, 2018, 09:30:41 AM |
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It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
Switzerland and singapore already become heaven for new ICOs. They regulated ICOs and earning taxes. I am believe that country will adopting crypto sooner than other country |
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p4npos
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August 23, 2018, 10:11:10 AM |
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There are mixed opinions about it. People will think that if a country like China has banned Bitcoin, then their own country can ban it too. I don't know the exact reason behind the banning but this could create a chain reaction that could affect countless people of the cryptocurrency world.
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dad4
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August 23, 2018, 08:00:34 PM |
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No they will not. Most other countries are likely to follow the same course of action or at least put some form of regulation on ICOs. Most ICOs are garbage altcoins to begin with so there isn't anything to take advantage of.
This is a decentralized system that's beyond the control of any agency or government. Campaigners and teams need to be more sincere with their self and project. Proper research should be undertaken by potential participants. |
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Phlaser
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August 23, 2018, 08:15:20 PM |
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ICOs! ICOs!! ICOs!!!
How many of the so called ICOs actually delivered based on their promises? 2017 that was marked ICO seasons recorded such projects/companies running away customers investment without delivering a dime. The token couldn't survive within the Cryproworld space and at the end of it all, such projects are dead now.
The internet is wide thus I'm confident Chinese investors will surely seek a better alternatives for themselves.
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